Morning Jolt: Dealer sells truck for wrong price, has buyer arrested

Wednesday

Oct 10, 2012 at 12:01 AMOct 10, 2012 at 10:13 AM

A Chevrolet dealership in Chesapeake, Va., accidentally sold a truck to a customer for $5,600 less than the price should have been and then had the man arrested for theft when he wouldn’t sign a new contract. Danny Sawyer said he bought a black Chevrolet Traverse but changed his mind about the color and the next day traded it for a blue Traverse. The price on the blue version was $5,600 more, however, and when the dealership noticed the problem a week later, demanded that Sawyer sign a new contract. Sawyer refused, and the dealership had him arrested. Sawyer is now suing.

In the news: A Chevrolet dealership in Chesapeake, Va., accidentally sold a truck to a customer for $5,600 less than the price should have been and then had the man arrested for theft when he wouldn’t sign a new contract. Danny Sawyer said he bought a black Chevrolet Traverse but changed his mind about the color and the next day traded it for a blue Traverse. The price on the blue version was $5,600 more, however, and when the dealership noticed the problem a week later, demanded that Sawyer sign a new contract. Sawyer refused, and the dealership had him arrested. Sawyer is now suing.

Happening today: The House Oversight Committee will hold a hearing today on the attack in Libya that resulted in the death of a U.S. ambassador.

Opening bell: The Dow Jones opened at 13,473.53, after finishing down 110.12 points Tuesday.

President Barack Obama's campaign for re-election and supporters of Republican presidential candidate Mitt Romney both have released comical new commercials. The problem: only one, Obama's ad, is meant to be. Obama's lauds Romney for attacking a threat greater than Wall Street -- Sesame Street.